How to Buy Tezos (XTZ) in Austria

A Step-by-Step-Guide on how to buy Tezos (XTZ) in Austria

Step 1 – Join CEX.io

In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Tezos (XTZ) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find (XTZ) Tezos

Once your deposit has been affirmed, you will instantly have access to your assets and you can launch invest and trading. To invest in Tezos (XTZ) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to locate (XTZ) Tezos, you will need to put the cointype (XTZ) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “XTZ/BTC” to advance.

Step 4 – Acquisition of Tezos (XTZ)

After you have located (XTZ) Tezos, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff Tezos (XTZ) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of XTZ you wish to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the complete volumen of XTZ.

If you are happy, click on “Buy XTZ”. Your order will be filled when a Seller trades their XTZ for the price you offered.

Step 5 – Withdraw Tezos (XTZ)

Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an extended time frame. To take off your Tezos (XTZ), go to the “Funds” tab and mouse click on “Withdraw”. Tezos (XTZ) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XTZ) Tezos by using the provided drop-down box. Put into the volumen of Tezos (XTZ) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Kudos! You have successfully purchased and stored Tezos (XTZ) in Austria.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (XTZ) Tezos is stored within your wallet, you're all done.